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Industry News
Source: The National

Hackers Compromise 1.5 Million Files from Saudi-Chinese Stadium Construction Consortium

Cybersecurity analysis firm Hackmanac reported that a cybercrime group stole 17 terabytes of data from a partnership between China Railway Construction Corporation Saudi Branch and Sama Construction. The breached assets comprise over 1.5 million files, including sensitive contracts, engineering designs, and personal information of approximately 150,000 workers. The consortium is the primary engineering contractor for the Jeddah Central Stadium ahead of the 2034 FIFA World Cup.

Industry News
Source: Gulf News

UAE Registered New-Economy Firms Rise 37 Percent to Nearly 125,000

The number of registered new-economy companies in the UAE grew by approximately 37% year-on-year to reach nearly 125,000 by mid-2026. Announced during the Investopia Bridge 2026 forum, the expansion focuses on artificial intelligence, digital infrastructure, renewable energy, and logistics. The ministry highlighted AI-driven productivity as a key driver for scaling trade and manufacturing partnerships with China.

Industry News
Source: Konsulteer

Infasme and Fotopia Launch AI Document Management Platform for UAE SMEs

Infasme and Fotopia Technologies have launched Digitizeme, an AI document management platform aimed at small and medium-sized enterprises in the UAE. The system combines bilingual Arabic and English optical character recognition, automated review workflows, and regional data residency. The companies report over 99% OCR accuracy, with document data hosted across facilities in the UAE and Saudi Arabia.

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